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Moss Bros Wins CVA Approval From Creditors

What are the pains and actions brands across the industry are taking to try and become consumer-led? Join our webinar "Consumer-Led Retail: Optimizing Assortments at Speed" Sept 28th, featuring experts from MakerSights and DTC brand Taylor Stitch.

Moss Bros can breathe a sigh of relief—it’s got the approval from the majority of its creditors for a company voluntary arrangement. The British men’s wear chain launched the CVA last month to financially restructure after the coronavirus pandemic derailed demand for its core formal and dress-occasion garb. CVAs allow companies to work out deals…

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